World Crypto Global
- Written by: Tareq Sikder
- Thu, 23 May 2024
- Israel
B2C2, a provider of institutional liquidity for digitalassets, has announced a partnership with Swissquote, an online banking andfinancial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), acentral limit order book that offers deep liquidity and a secureenvironment for trading cryptocurrencies. Cryptocurrency Offerings and Liquidity with IntegrationUsers of SQX can trade, hold, and transfer cryptocurrencyassets within their Swissquote accounts, under the regulation of a Swiss bank.Since its launch in October 2022, SQX has expanded to include over 40cryptocurrencies.The collaboration between SQX and B2C2 is intended toenhance the digital asset marketplace by increasing trading activity andimproving operational efficiency. B2C2's integration with SQX is expected toincrease the liquidity available to traders on the platform, while SQX offersB2C2 access to a broader range of market participants.Thomas Restout, Group CEO of B2C2, said: We areexcited tocollaborate with Swissquote, a major financial services providerwith itsextensive client footprint. We are pleased to deepen liquidity on theSQXexchange, providing clients with enhanced trading opportunities andreinforcingour competitive edge in the industry. Together, we are poised tounlock newgrowth avenues through liquidity solutions."Liquidity Solutions for Diverse Financial MarketsB2C2 provides consistent liquidity across various marketconditions, featuring competitive bid-ask spreads that facilitate trades withminimal price impact. The company also offers efficient settlement and enhancedcapital efficiency through credit offerings. B2C2s clientele includes major over-the-counter desks, aggregators, banks, exchanges, family offices, foreign exchange brokers, and hedge funds. Jan De Schepper, CSO of Swissquote, said: SQX has provenitself asthe biggest and strongest digital assets exchange in Switzerlandleading with greater liquidity and faster execution for ourcustomers,strengthening our position as a recognised leader in crypto trading.""We aredelighted to have B2C2 as a strategic partner at our side. Together, wearecommitted to providing superior execution, enhanced transparency and anevenbetter overall trading experience.This article was written by Tareq Sikder at www.financemagnates.com.
